Investment will be low if MEC is
rate of interest.
Answers
Answered by
1
Answer:
When MEC (4%), is equal to the rate of interest (4%), the effect on investments is neutral; when it is more, the effect is favourable and when MEC is less than the rate of interest, the effect on induced investment is unfavourable.
Similar questions
Environmental Sciences,
2 months ago
Chemistry,
2 months ago
English,
2 months ago
Social Sciences,
4 months ago
Physics,
9 months ago
English,
9 months ago